Sunday, May 03, 2026

OPINION_ Iran Is Losing This War, and the Global Balance of Power Is Shifting (Victor Davis Hanson - THE EPOCH TIMES)

THE EPOCH TIMES

Iran Is Losing This War, and the Global Balance of Power Is Shifting


The Ateela 2 Oil Tanker boat navigates the sea on Qeshm Island, Iran, in the Strait of Hormuz, on April 28, 2026. Asghar Besharati/Getty Images

Victor Davis Hanson
5/3/2026|Updated: 5/3/2026

This is a lightly edited transcript of an April 30th segment of the Victor Davis Hanson: In His Own Words podcast. 

We’re approaching 60 days of the so-called Iran war, and we’re still getting these loud voices that Donald Trump has failed, that the war’s not going well.

It’s completely nonempirical. It’s antithetical to the evidence.

Here we are at 60 days, and Iran is losing about $500 million in input per day. It’s running out of storage space in a week or two for its daily output of oil, at which point they either have to stop pumping or they’re going to have—if they don’t stop pumping—their wells will collapse.

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READ MORE: https://www.theepochtimes.com/opinion/iran-is-losing-this-war-and-the-global-balance-of-power-is-shifting-6020660?ea_src=frontpage&ea_med=section-1

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